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News of the SCPI Patrimmo Commerce as of January 1, 2021

Discover the SCPI Patrimmo Commerce, real estate mainly invested in store walls in the Euro zone.

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Against the backdrop of an unprecedented health and economic crisis, the year 2020 will have demonstrated the resilience of the Patrimmo Commerce REIT.

The steering of the SCPI's performance, as well as the work carried out by the asset management teams to recover rents or make adjustments for tenants most exposed to the crisis, have made a major contribution to Patrimmo Commerce's overall performance, with a payout rate on the 2020 market value* of 3.41%.

In a context of persistently low interest rates that support the market, Patrimmo Commerce focuses on "essential" retail properties located in city centers in France and Europe that have demonstrated their resilience over the long term.

On January 1, 2021, the SCPI Patrimmo Commerce is :

  • 761 M€ of capitalization
  • 20.4 million in collections in 2020
  • 257 assets (612 leases) located in France, Italy, Belgium, Netherlands, Germany
  • 81.7% financial occupancy rate**.

Past performance is not a reliable indicator of future performance. Current tenants are not a guide to future tenants. Past investments are not indicative of future investments. Investing in this fund involves risks, including the risk of capital loss.

* TDVM : The market value distribution rate is the division of the gross dividend before withholding tax paid in respect of year n (including exceptional interim dividends and share of distributed capital gains) by the average share price of year n.

**The financial occupancy rate expresses the share of rents, invoiced occupancy indemnities and rental compensation indemnities in total billable rents, assuming that all of the SCPI's assets were rented. This rate is measured on the last business day of the past calendar quarter for the three months making up that quarter.

Source: Praemia REIM, 12/31/2020